Comments on: Labour loss: unemployment hits 6% for the first time in a decadehttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/
On politics, media, business, the environment and lifeThu, 22 Feb 2018 07:09:16 +0000hourly1https://wordpress.org/?v=4.9.4By: Jean Wyldborehttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269525
Fri, 14 Feb 2014 03:06:37 +0000http://www.crikey.com.au/?p=424196#comment-269525On what highly spurious data is the ‘unemployment’ figure based anyway? My understanding is that someone is classed as ’employed’ if they are paid for more than five hours a week. Hardly a gold standard for precision…
How about some realism with the figures,and a change of this outdated dataset to reflect the changing nature of contemporary employment?
]]>By: ARhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269486
Thu, 13 Feb 2014 07:22:10 +0000http://www.crikey.com.au/?p=424196#comment-269486As in elections it not the votes/UE numbers that matter but who counts them, how.
]]>By: Jimmyhazhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269474
Thu, 13 Feb 2014 06:29:35 +0000http://www.crikey.com.au/?p=424196#comment-269474Somewhat ironically, interest rate’s will be lower under the LNP government. The lack of government spending means that the RBA will have to take drastic action to keep the economy running (perhaps we will have a US-like situation, where interest rates are net negative?)

Spot on with the managing the 1% comment though, I wish the LNP had to put that qualifier in their advertising, in the same vain that drug companies have to note all their side effects.

]]>By: bjbhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269467
Thu, 13 Feb 2014 05:50:32 +0000http://www.crikey.com.au/?p=424196#comment-269467Agree entirely with the observation that the LNP are NOT the better economic managers. Until the GFC, we used to hear ad nauseum that interest rates would always be lower under the LNP, and finally that meme was killed off. Given the decimation of industry in Oz under the LNP watch, it’s hard to see how they can make any claim to being good economic managers. (But, I guess as they’re really only managing for the 1% they don’t really care).
]]>By: klewsohttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269455
Thu, 13 Feb 2014 04:33:18 +0000http://www.crikey.com.au/?p=424196#comment-269455So they’ll have to change the way they count them now?
]]>By: Jimmyhazhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269452
Thu, 13 Feb 2014 04:28:38 +0000http://www.crikey.com.au/?p=424196#comment-269452This is a higher unemployment rate than at any time during the GFC, and yet the LNP are the better economic managers?
]]>By: Matt Hardinhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269446
Thu, 13 Feb 2014 04:04:48 +0000http://www.crikey.com.au/?p=424196#comment-269446Given that these are based on surveys and not actual population counts, what is the margin of error in the figures?
]]>By: The Pavhttps://www.crikey.com.au/2014/02/13/labour-loss-unemployment-hits-6-for-the-first-time-in-a-decade/#comment-269415
Thu, 13 Feb 2014 02:21:42 +0000http://www.crikey.com.au/?p=424196#comment-269415What do you expect with almost wall to wall LNP govt

Would somebody please put to bed the lie that the LNP is in anyway capable as economic managers